Hedera price (HBAR) dropped to about $0.12 over the weekend after falling below the important $0.1235 support level on December 14. This break ended several weeks of consolidation, triggered a surge in selling, and shifted the market outlook to bearish.
Wider market conditions have also been unfavorable. Even after last Wednesday’s rate cut, HBAR dropped about 8% because investors saw the move as cautious, with officials hinting at slower cuts in 2026. Bitcoin also fell below $90,000 last weekend, adding to the cautious mood.
Rising real yields, with the U.S. 10-year Treasury yield up 12 basis points, and reduced appetite for speculative assets are weighing on altcoins such as Hedera coin.
Whale Activity Signals Accumulation Despite HBAR Price Decline
While the Hedera price continues to fall, on-chain data shows a contrast. Data shows that Hedera whales accumulated 3.42 billion HBAR in under two days, pointing to aggressive buying by large holders even as the price fell.
At the same time, cumulative HBAR trading volume climbed to $327 billion, according to DefilLama data shared by Marc Shawn Brown, highlighting sustained long-term network and market activity around Hedera Hashgraph despite short-term weakness.
Hedera Price Chart Signals Bearish Momentum
From a chart perspective, the near-term picture remains heavy. Analyst More Crypto Online described HBAR as a “falling knife,” noting that the price continues to work lower in a downside wave structure, potentially testing $0.1049. The decisive break below $0.1235, a level tested repeatedly, invalidated the prior range.
Meanwhile, trading volume jumped to 166 million HBAR, roughly 175% above average, signaling conviction selling rather than a quiet drift lower.
Momentum indicators also support a cautious view. The RSI(7) is at 23.41, which is extremely oversold, but there is no sign of a bullish reversal. This means sellers still have control in the short term. The next important level for Hedera is $0.1176, the low from June 2025.
If the Hedera price falls below that, the risk of further declines increases. For any recovery, the price needs to move back above $0.1235 to ease the immediate pressure.
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